“Some 750 billion roubles has been allocated this year for the purchase and upgrading of arms and military hardware, as well as for defence-related R&D. This is one and a half times as much as last year. In 2012, we are planning to increase this amount to 880 billion roubles. Never before has the rearmament of Russia’s Army and Navy been financed so liberally.”
Vladimir Putin At a meeting on state defence-industry contracts
